Business Day Spotlight

In this edition of the Business Day Spotlight, we talk about small business funding with a venture capital fund. Our host Mudiwa Gavaza is joined by the team from Hlayisani Growth Fund (HGF): Dr Reuel Khoza, chairman and Dr Eugene van Rensburg, a partner. HGF is an investment firm that has raised R350m to invest in small, technology backed businesses that have the potential for high growth. The discussion centres around the rationale for creating HGF, what the main thrust will be for the fund, problems of raising capital for small businesses, the investment philosophy and thesis for HG, and what type of businesses they are looking to invest in?